Foreign investment in Iran to grow by 100pc

Foreign investments in the Islamic Republic would grow by 100 percent in the current Iranian calendar year (started March 21, 2011), Deputy Minister of Economic Affairs and Finance Behrouz Alishiri said Tuesday.

He added that last year, the amount of new foreign investments stood at over three billion dollars.

Alishiri, also head of the organization in charge of technical and economic investment, said that foreign companies were highly interested in working with Iran.

He said that Iran has also made a remarkable growth in the field of finances by attracting financial facilities of international banks.